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52.0¢ egan street resources limited

I have shares in all the players..EGA,SLR & LSX...so I have no...

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16 Posts.

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25/09/19

12:47

Post #: 40565631
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Originally posted by stelios: ↑

"EGA is trading well above the implied price from the SLR bid?"
Cool Hand is cool with shareholders money.

He pays no Dividends.

Hedges gold.

Does not upgrade or build a new mill.

Sink a shaft with hoist to access high grade gold at 300 meters depth (Daisy Milano- 2.43m @ 25.7 g/t Au and- 2.43m @ 25.7 g/t Au, both in LP751-22 (see Appendix 2).)14 September 2018 see figure 2

So it will be difficult to have the offer increased.

Anyway hypothetically, what are your shareholders prepared to accept?

Would anadditional 2 cents be satisfactory to match the current Share price?

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I have shares in all the players..EGA,SLR & LSX...so I have no particular axe to grind. This T/O offer is good only for SLR holders & the EGA board.
Everybody else misses out.

EGA Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
10 Upvote

4 Great analysis

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